The following accounts and normal balances existed at year end Make the four journal entries required to close the books Retained earnings Dividends Fees earned revenue Selling expenses Administrative expenses Miscellaneous expense $ 78,500 12,500 195,000 101,000 46,500 3,600...

To close Fees Earned Revenue to Retained Earnings Debit Retaine ...

The following accounts and normal balances existed at year-end. Make the four journal entries required to close

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The following accounts and normal balances existed at year-end. Make the four journal entries required to close the books:

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

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Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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Question Posted: Aug 11, 2022 02:09 AM

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The following accounts and normal balances existed at year-end. Make the four journal entries required to close

Question:

Retained earnings Dividends Fees earned revenue Selling expenses Administrative expenses Miscellaneous expense $ 78,500 12,500 195,000 101,000 46,500 3,600

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To close Fees Earned Revenue to Retained Earnings Debit Retaine...View the full answer

Principles Of Accounting Volume 1 Financial Accounting

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